Matajer Al Juraina Mall Retail Expansion

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Matajer Al Juraina Mall Retail Expansion

Matajer Al Juraina Mall Retail Expansion

Tuesday, December 12, 2017

Matajer Al Juraina mall’s AED 56 Million retail expansion on track for 2018 completion 

                        

Sharjah, United Arab Emirates: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia announced today that the AED 56 million expansion of Matajer Al Juraina community mall is on track to be completed early next year. Matajer Al Juraina is part of the Matajer brand under Sharjah Holding, a strategic partnership between Majid Al Futtaim - Properties and Sharjah Asset Management Holding, which is a community focused retail estate developer.   

 

As part of its commitment to elevate the customer experience by offering additional choices, the newly transformed neighbourhood mall will have the capacity to welcome an increased number of visitors to its new dining and shopping outlets. 

 

The completion of phase one in 2016 saw the addition of 111 parking spaces, significantly improving the convenience and accessibility to the mall for customers.

 

Phase two of the expansion strategy at Matajer Al Juraina, which began last May will add 3,000 sqm of gross leasable area including 16 new brands and restaurants. New retail categories including fashion accessories and a wider scope for service-based outlets such as salons and banks will be added as part of the growth strategy. The redevelopment is on track to be complete in Q1 2018. The enhancement will include a vibrant new redesign with a shaded pergola for al fresco dining. 

 

“The AED 56 million expansion project at Matajer Al Juraina underscores Majid Al Futtaim’s effort to bring diverse retail options and superior customer experience to communities in the Northern Emirates,” said Ali Al Abdulla, Senior Director, Community & Neighbourhood Malls at Majid Al Futtaim Properties.

 

“It also reinforces Majid Al Futtaim’s commitment to increasing the total investment in the UAE by AED 30 billion by 2026.”

 

Abdulla added: “We are redefining the role of community malls to meet the changing expectations of our discerning customers. Along with a wide range of value-based stores, the mall will be expanding its lifestyle offerings and dining options and add new services to meet the everyday needs of customers and enhance convenience. Matajer Al Juraina is to set to become an anchor for the community where families can come together to shop, eat and play.

 

Matajer Al Juraina opened in 2012 and is situated in a key residential area where it meets the everyday lifestyle needs of the community. 

 

Mall operations for tenants and visitors will continue as normal during the expansion. Majid Al Futtaim’s priority is to deliver an enhanced visitor experience at Matajer Al Juraina, with nominal disruption during this expansion period.

 

For more information, please visit: http://www.matajersharjah.com/